Closed Loans

Closed Loan in Texas

Closed Loan in McAllen, Texas

Property Type: Multifamily
Purpose: Purchase
Loan Amount: $456,000
Location: McAllen, TX
Broker Made: 

A group of investors wanted to purchase a recently stabilized multifamily property after a full remodel. Silver Hill was able to approve the loan despite the stabilization issues and provide a 5-year loan that allowed the investors to purchase the property with just a 20% down payment.